Siemens wins $400-MM order to supply gas turbines to Saudi Arabia
FRANKFURT (Reuters) -- German engineering group Siemens said it had won an order worth around $400 million to deliver five gas turbines for a combined heat and power plant being built in Saudi Arabia by South Korea's Doosan Heavy Industries & Construction.
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| Photo Courtesy of Siemens. |
The turbines will be produced at the Siemens Dammam Energy Hub (SDEH) in Saudi Arabia, the first manufacturing facility for gas turbines in the country and the largest in the Middle East, Siemens said in a statement on Thursday.
The order also includes an agreement to supply services to the plant for 16 years jointly with Kahrabel FZE, an affiliate of ENGIE Group.
“This is a great milestone for Saudi Arabia and Siemens. This project leverages even more opportunities to drive the industrialization of the Kingdom in line with Vision 2030,” said Jeffrey Dunlap, Siemens’ Senior Executive Vice President of Sales PG MENA Region. “Thanks to our comprehensive service package, the new power plant will reliably supply the gas extraction plant in Fadhili with electricity and process steam for a long time to come. With the right technological solutions Siemens continues to demonstrate its local commitment to the Kingdom, its partners and the Saudi society.”
Reporting by Maria Sheahan; Editing by Arno Schuetze
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